Rbi Governor Raghuram Rajan
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Subramanian Swamy takes potshots at RBI Governor Raghuram Rajan's policies
•Weeks before RBI Governor Raghuram Rajan demits office, BJP MP Subramanian Swamy today took potshots at him saying an IMF working paper has debunked his inflation-centric interest rate policy.
July WPI at 23-month high of 3.55%: Food remains the villain in RBI's inflation story
Dinesh Unnikrishnan123 •Food prices has yet again turned as the villain in the inflation saga. A sharp jump in the prices of vegetables and fruits, has pushed the July wholesale price index- (WPI) based inflation to 3.55 percent from 1.62 percent in June.
Thank you PM Narendra Modi, for not launching new schemes in your Independence Day speech
Dinesh Unnikrishnan123 •one should really thank PM Modi is for not announcing yet another set of new fancy schemes or more ambitious targets embellished with catchy phrases. Modi has done enough of that in his previous two I-Day speeches
SBI shows promise, but Dena, OBC feel bad loan heat; what is in store for state-run banks
Dinesh Unnikrishnan123 •SBI’s earnings have been hit by sticky assets. Its net profit dropped by 31.7 per cent, year-on-year, hit by provisions worth Rs 6,340 crore on the bad loans, higher than Rs 3,360 crore in the previous year
NPA mess: Will Rajan’s successor at RBI continue with the ‘Swachh Banks’ mission
Dinesh Unnikrishnan123 •One of the questions repeatedly posed to Reserve Bank of India (RBI) governor, Raghuram Rajan, on Tuesday was the fate of the ongoing bad loan clean-up process in the banking system post his exit in September
Had fantastic tenure; results to be visible in 5-6 yrs: Raghuram Rajan
•Terming his tenure as "fantastic", RBI Governor Raghuram Rajan today said snap judgements by critics do not matter as he has made useful contributions and the results will be visible in the next 5-6 years.
Comfortable with NPA clean-up so far, says Rajan
•Reserve Bank Governor Raghuram Rajan today said he is comfortable with the stressed assets recognition process undertaken by the banks in the process of cleaning up their balance sheets.
RBI keeps rate unchanged at 6.5%: Inflation remains Raghuram Rajan's major worry
Dinesh Unnikrishnan123 •In the big battle to tame inflation, the central bank has limited weapons in its arsenal. The government has a bigger role to play
Rajan optimistic about meeting inflation target of 5%
•RBI Governor Raghuram Rajan today exuded confidence that inflation target of 5 per cent for March 2017 will be met as also that there will be no market disruption on account of foreign deposit redemptions worth over USD 20 billion.
RBI on-tap bank licence: Rajan's reform step would mean end of banking dreams for big corporates
Dinesh Unnikrishnan123 •With just over a month left for his term coming to end at Mint Road, outgoing Reserve Bank of India (RBI) governor Raghuram Rajan has taken one of the key reform-steps in the country’s banking sector by announcing final norms for ‘on tap licensing’ or continuous licensing.